About Us
Fairbanc is the first scalable and fully integrated AI/ML powered platform for emerging market supply chain distributors to offer data driven terms of payments to micro, small- medium enterprises (MSMEs) that requires no smartphones, KYC or loan applications.
We are a team of FMCG, Tech and Finance professionals dedicated to unlocking supply chain credit for micro-merchants in FMCG or any supply chain verticals. The vast majority of the working capital credit (terms of payments) beneficiaries are unbanked and women-operated FMCG micro merchants.
Our AI/ML-powered platform analyzes transaction history with large suppliers to grant instant digital credit lines in the form of terms of payments that MSMEs can use to purchase inventories from our selected suppliers. Our proven gender-intelligent ecosystem for terms of payments can be used in many vertical markets, eliminating the shortcomings of cash. Retail shop-owners can boost sales up to 20%, eliminate cash shortages, enjoy an easier payments regimen,; suppliers receive more consistent order cycles, more instant payments upon delivery, and SKU sales expansion.
Fairbanc in the News
San Francisco, CA, December 16th 2020, ZEXPRWIRE, Fairbanc, the Silicon Valley-based FinTech that offers credit to the unbanked in Southeast Asia, just received backing from Columbia Business School’s student run impact fund Microlumbia…
Oct 10, 2020 – The selected fintechs provide innovative solutions – such as working capital for micro-merchants and personal accident insurance for domestic workers – to…
Fairbanc gets funding from 500 Startups to increase the income of SMEs in Indonesia
June 4, 2020 – SMEs are the bedrock of Indonesia.
As the archipelago’s tech ecosystem booms and e-commerce flourish, SMEs will continue to play a crucial role in economic growth and social inclusion….
Lending startup Fairbanc gets Sampoerna backing for Indonesia push
April 02, 2020 – Indonesian billionaire Michael Sampoerna invested alongside 500 Startups…
Apr 01, 2020 – San Francisco-based startup Fairbanc announces funding round from globally recognized investors . The AI-powered…
February 25, 2020 – Three years ago, Dhany Aryantono opened a small shop selling Unilever and other consumer goods in Pamanukan, a rural village in West Java, Indonesia to support her family of six. An additional $85 a week income Dhany generated from her small shop…
Penguatan UKM, PBNU dan Fairbanc Siapkan Permodalan Berbasis Syariah
June 21, 2019 – Ia berharap, kerja sama ini dapat membantu ekonomi masyarakat umum, terutama warga NU untuk bisa…
Bank Asia and Fairbanc Ltd signing a MoU on digital credit solution – Business – observerbd.com
Dec 9, 2018 – Bank Asia EVP Md Shaminoor Rahman and Fairbanc Ltd Chief Executive Officer Mir Haque exchanging documents after signing a MoU on digital credit solution for the underserved small-medium enterprises of Bangladesh specially for Fast-Moving Consumer Goods (FMCG) supply chain and distributors held at a ceremony at the bank’s corporate office…
Our Mission
Fairbanc’s mission is to bridge the server $1.3T SME credit gap in the emerging markets starting with Southeast Asia through a B2B lending and payments ecosystem. Our gender intelligent underwriting platform removes socio-cultural gender biases in current lending practice. The vision for Fairbanc is to drive responsible financial inclusion by delivering tech enabled terms of payments services with proven best-in-class technology.
Our Team
